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Chase's proposed fee comes at a time when the average monthly fee for a non-interest checking account is $5.31, and $15.33 for an interest-bearing account, according to Bankrate.
Marianne Lake, head of Chase Bank, a division of JPMorgan Chase & Co. (NYSE:JPM), has issued a warning to its 86 million customers: prepare for potential new charges on their bank accounts. Lake ...
The Wall Street Journal reports the country’s biggest retail bank is warning that it might begin charging customers for their accounts. That would impact some 86 million customers. That would ...
J.P. Morgan & Co. is an American financial institution specialized in investment banking, asset management and private banking founded by financier J. P. Morgan in 1871. . Through a series of mergers and acquisitions, the company is now a subsidiary of JPMorgan Chase, one of the largest banking institutions in the
In the investment management industry, a separately managed account (SMA) is any of several different types of investment accounts.For example, an SMA may be an individual managed investment account; these are often offered by a brokerage firm through one of their brokers or financial consultants and managed by independent investment management firms (often called money managers for short ...
The JPMorgan Chase Corporate Challenge, owned and operated by JPMorgan Chase, is the largest corporate road racing series in the world with over 200,000 participants in 12 cities in six countries on five continents. It has been held annually since 1977 and the races range in size from 4,000 entrants to more than 60,000.
Chase Bank officials warned the company's 86 million customers that checking accounts might not be free in the future if the federal government implements regulations capping overdraft and late fees.
In banking, a managed account is a fee-based investment management product for high-net-worth individuals.The main appeal for wealthy individuals is the access to professional money managers, a high degree of customization and greater tax efficiencies in a fee-based product.